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Date: 19/03/2014. The presentation includes The Concept of Business Center – Incubator Program Nazareth Business Incubator Center – NBIC The Acceleration.

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Presentation on theme: "Date: 19/03/2014. The presentation includes The Concept of Business Center – Incubator Program Nazareth Business Incubator Center – NBIC The Acceleration."— Presentation transcript:

1 Date: 19/03/2014

2 The presentation includes The Concept of Business Center – Incubator Program Nazareth Business Incubator Center – NBIC The Acceleration program - NazTech

3 Definition Business Centers/ Incubator: Is an economic development tool, seeks to accelerate the growth and success of entrepreneurial companies, by: Business support resources and special package of services. financial viable. Reducing Head-Cost. Networks.

4 Business Center/Incubators goals and objectives: Goals: Help the growth of new companies. Help the survival of new companies. Objectives: Creation of 10 new jobs after 2 years. Satisfaction average - min. 80% of all services.( Logistics and administration, guidance, networking, access to finance, mentoring, events, etc’..).

5 Business Center/Incubator Services

6 Nazareth Business Incubator Center - NBIC Background: NBIC was launched at Feb. 2012 It is subsidized from the Ministry of Economy and the Authority for Economic Development for Arabs at the P.M office. Aims to support Arab Minorities. Mati Nazareth – The Center for Business Development – Won the call to establish and run the NBIC. Mati Nazareth Other services Consultancy/courses and others Programs/Services for Women LaonsNBIC - Special package of services for Hi-Tech entrepreneurs

7 Incubator Models

8 NBIC Vision: To Lead social-economical development of the Arab sector seeking diversity of business segments and aiming to influence the Arab sectors’ perception of entrepreneurship and risk taking. 1.Encourage Hi-Tech initiatives and building entrepreneurship eco-system. 2.To make real social-impact. GOALSGOALS

9 Objectives: To have 5 funded businesses after 2 years. To create 10 new jobs. To have 7 sustainable new businesses after 2 years.

10 NBIC Strategy: Motto and Positioning: Mati Nazareth and NBIC are the only non-for-profit organizations seeking to bridge the entrepreneurship gap between The Arab and Jewish communities. We are working to successfully establish a sustainable entrepreneurship eco-system by investing great efforts in developing partnerships and collaborations with leading organizations, from the private and the public sectors, to assure real and substantial social impact, especially at the Hi-Tech industry. To Have partners and to develop Partnerships

11 Main Partners: France Embassy OurcrwodAfterdoxBanksStarTauPresentenseAfifi GroupBird Fund MAF Nazareth Municipality UK EmbassyUS Embassy

12 Our Activities and events: Logistics and Administration services. B.P, technological and economic feasibility, market research, go to market strategy… Accessibility to finance – Funds and investments. Mentoring and networks. Accelerating and supporting forums. (MOMO, CEO…) Events and Conferences. Delegations. Courses and workshops.

13 Examples: Events and Conferences Chief Scientist office conference 09/02/2012 Hackathon #1 07-08/09/2012 StartUp Weekend 08-09-10/11/2012

14 Breakfast with Angles 12/2012 Speed Dating Naz 20/02/2013 Developers Breakfast – MOMO & Nokia 12/06/2013 CEO’ Forum 27/05/2013

15 franchises 21/01/2014 Partnership for success 09/10/2013 Hackathon #2 26-27/10/2013 Mobile Monday Nazareth 27/05/2013

16 Examples: Delegations Japan’s Delegation – with MOMO 24/04/2013 French Consul 22/02/2013 Bank Hapoalim 28/03/2013 Xavier University delegation 07/05/2013

17 US Consul 05/06/2013 JBC delegation 11/06/2013 Golda Meer Center delegation 13/06/2013 AIPAC delegation 19/06/2013

18 South Africa delegation 23/06/13 Women entrepreneurs 22/08/2013 Harvard UniversitySIRI founder

19 Examples: Courses and Workshops Yazamot Illit course with StarTau First cycle: 03/04/2013 – 17/07/2013 Second cycle: 05/11/2013 – 19/02/2014 Work shop Crowd Funding with Sherwood Ness Cisco Israel CEO – Internet of things

20 Access to Finance: 2 Initiatives got 300K-500K grants from Bird Fund. 3 entrepreneurs got grants from “Tnofa” fund at C.S.O 3 entrepreneurs got grants from the programs for the provision of Aid for placement of new employees – Minority directive. One initiative got investment from Jordanian angle. Another got investment from a local angle. Another 4 entrepreneurs are discussing Term Sheet conditions for investments.

21 The Acceleration Program - NazTech The Need: After two years at the NBIC, we think that there is two obstacles/barriers that Arab Hi-Tech entrepreneurs faces: Lack of experience – How to take an idea to the startup stage and then to “exit” stage. Lack of “SEED and Pre Seed Investments.

22 The Acceleration Program - NazTech The concept: NAZTECH is an intensive five month acceleration program. It Contains all the elements of success factors that an entrepreneur need to take his idea to startup, such as: Mentor, Coacher, Expert, consultant, Roundtables, Boot camp, lectures, investors and VC’s, Network and Demo Day.

23 The Acceleration Program - NazTech Goals: To help the growth of initiatives at the Hi-Tech industry. To help launching the entrepreneurship eco-system. Objectives: To have 2strategically investments ( Money, Smart money or in- kind services).

24 The Acceleration Program - NazTech ‘Open House’ event 23/12/2013 ‘Speed Interviews’ event 22/01/2014 ‘Orientation Day’ event 03/02/2014

25 The Acceleration Program – NazTech Presenting the Acceleration Program to the President.

26 NazTech – in the Media http://www.themarker.com/technation/1.22 23458 http://www.themarker.com/technation/1.22 23458 The Marker – Eng. http://www.haaretz.com/business/.premium -1.570272 http://www.haaretz.com/business/.premium -1.570272 Keren Noibach http://www.iba.org.il/bet/player.aspx#!/style /popAudio/ar/1493687/audio/yes http://www.iba.org.il/bet/player.aspx#!/style /popAudio/ar/1493687/audio/yes ( מדקה :1:29:00) http://www.themarker.com/career/1.221278 0 http://www.themarker.com/career/1.221278 0 http://www.globes.co.il/serveen/globes/docv iew.asp?did=1000902644&fid=1725 http://www.globes.co.il/serveen/globes/docv iew.asp?did=1000902644&fid=1725 http://tohitech.org/blog/?p=291 https://www.facebook.com/photo.php?fbid= 10202322780085893&set=a.1125501492749.2019184.1083492208&type=1&theater https://www.facebook.com/photo.php?fbid= 10202322780085893&set=a.1125501492749.2019184.1083492208&type=1&theater Local Media: -Gafra -Bokra -Panet -Alarab -And others.

27 Thanks for Listening Q/A

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